Burnham refuses to rule out tax rises in upcoming autumn Budget ‘We have a manifesto and I will honour that manifesto’ The Independent UK · Aug 25
Burnham says UK in ‘challenging position’ as he declines to rule out tax rises in autumn Budget Questions remain over how some of Burnham’s promises will be paid for The Independent UK · Aug 24
Andy Burnham 'wealth tax' row: Minister denies that new levies on rich will fund cost-of-living help But the PM was said to be struggling to recruit a key economic adviser to his Government due to concerns over potential wealth taxes Evening Standard · Aug 10
UK millionaires’ biggest fear is higher taxes would hit them harder than war Ahead of the autumn Budget, potential tax hikes under Andy Burnham are worrying the ultra-wealthy The Independent UK · Aug 5
Tamil Nadu Budget 2026: Vijay govt announces Rs 44,527 crore for school education, gold coins & silk sarees for weddings, free laptops and bicycles Tamil Nadu Budget 2026: Tamil Nadu's new government has unveiled its first Budget, outlining major investments in education and welfare schemes. Key announcements include free bicycles and laptops for students, gold rings for newborns, and wedding assistance for women. The Budget also focuses on modernising schools and tackling substance abuse,… The Economic Times · Aug 5
UK finance minister John Healey to present first Budget on October 28 Britain's new Finance Minister John Healey will present his first Budget on October 28, pledging to maintain the government's fiscal rules despite growing pressure on public spending. The Times of India · Aug 1
Date set for first Budget of Andy Burnham’s government after recent spate of policy announcements ‘This will be a Budget that moves money and power out of Westminster and into every postcode around Britain,’ the chancellor said as he revealed the date it will be held The Independent UK · Jul 31
Andy Burnham tax rises: All the ways the new Prime Minister could hammer London The former Greater Manchester Mayor has suggested some Londoners should pay more in council tax Evening Standard · Jul 28
Will table audit report on corruption during DMK regime, says TN Finance Minister Tamil Nadu Finance Minister N. Marie Wilson said the TVK government will table an audit report during the Budget session alleging corruption and "party fund" irregularities under the previous DMK regime. He also reiterated the government's commitment to abolishing NEET. The Economic Times · Jul 27
Summer holiday car hire: drive a great deal and avoid hidden fees Unclear terms and expensive extras can turn what seemed like a cheap rental into a costly one The Guardian - UK · Jul 25
Andy Burnham income tax row: What exactly has PM said on rise in £12,570 personal allowance? New Prime Minister caught in first fiscal controversy after suggesting threshold for paying income tax may go up Evening Standard · Jul 22
What does Burnham’s VAT cut mean for your energy bills? First major move by new PM aimed at giving families ‘breathing space’ The Independent UK · Jul 21
LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation India's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the budget's Rs 30,000 crore allocation. Overall subsidy spending has already seen a forty-seven percent year-on-year increase during early fiscal year twenty twenty-seven. Government finances face additional pressure from… The Economic Times · Jul 17
Budget resolution faces dicey House vote after committee approval The House Budget Committee approved a fiscal 2027 budget resolution Thursday as the first step toward passing a filibuster-proof reconciliation bill to provide tens of billions of dollars for defense, farm aid and voting restrictions. The panel advanced the GOP-backed budget resolution on a strictly party-line vote of 20-14 after… Roll Call · Jul 16
Roll Call · Jul 13 Trump loses his ‘Senate whisperer’ after Graham’s sudden death Donald Trump has lost a go-to ally in the Senate after the death of Lindsey Graham, with senior White House aides and other Republicans — and even some Democrats — saying the late senator had become a crucial part of the president’s legislative efforts. The 71-year-old Budget Committee chairman and…
Roll Call · Jul 13 This week: Graham’s death, McConnell’s recovery add to drama Independence Day recess ended Sunday with two explosive developments within the Senate GOP: the death of Budget Chairman Lindsey Graham, R-S.C., who died Saturday night, and a much-awaited health update from former Majority Leader Mitch McConnell of Kentucky. The latter issued a statement Sunday evening confirming that, contrary to rumors…
The Economic Times · Jul 9 Govt has done its part on GCCs via Budget, now industry must invest in skilling and innovation to counter AI risks: CEA Nageswaran Chief Economic Adviser V Anantha Nageswaran urged industry to invest in skilling and innovation. He stated government has supported Global Capability Centres through Budget announcements. Artificial intelligence poses risks to business models focused solely on low-cost execution. The government encourages GCC expansion beyond major metropolitan cities. Firms and people must…
Evening Standard · Jul 2 Andy Burnham did not have ‘all the details’ of £4.7 billion defence black hole Sir Keir Starmer unveiled the Dip on Tuesday, with a promise to increase defence spending by £15 billion.
The Economic Times · Jul 2 Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27 The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quarter. This rapid pace, with weekly offers for sale, aims to bolster revenues amidst rising subsidy and import costs. Significant funds have already been raised from entities like Coal India…
The Independent UK · Jul 1 Voices: Sir Keir has left a fiscal mess for Andy Burnham to clean up THE INDEPENDENT VIEW : Editorial: A £4.7bn shortfall in the Defence Investment Plan is some legacy for the PM to leave his successor to fund, especially after complaining so bitterly about the ‘black hole’ left by his own predecessors
Evening Standard · Jul 1 Badenoch torpedoes Starmer at PMQs: 'Generals can count, the Kremlin can count, his defence plan doesn't add up' Sketch: Deserted by Labour troops, the Prime Minister was like a tank with depleted armour and wonky tracks as he came under fire from Mrs Badenoch
The Economic Times · Jun 27 How RBI’s 2026 TReDS directions advance the MSME financing reform With the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move from a platform that has demonstrated value to one that can deliver MSME liquidity at scale.
The Economic Times · Jun 26 Kerala liquor policy to be decided after talks with coalition parties, says Kerala Revenue Minister A P Anil Kumar Kerala Revenue Minister A P Anil Kumar stated that any policy on tax cuts for low-alcohol beverages will be decided after internal UDF discussions and consultation with Congress leadership. This follows a budget proposal to reduce taxes on such drinks, drawing criticism for potentially encouraging consumption. Chief Minister V D…
The Economic Times · Jun 22 West Bengal Budget 2026: Govt allocates Rs 36,000 crore for Annapurna Yojna; hikes DA by 20% West Bengal's new BJP government unveiled its first budget, prioritizing welfare and employment. Finance Minister Swapan Dasgupta announced a significant Rs 36,000 crore for the Annapurna Yojna, assuring continuity of existing social schemes. Key highlights include increased MLA funds, pensions for retired journalists, and a pledge to fill one lakh…
The Economic Times · Jun 19 Kerala CM VD Satheesan presents maiden UDF budget for 2026-27 Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a significant financial crisis. Public debt stands at Rs 5.07 lakh crore. A large portion of revenue goes to salaries and pensions. Development spending is low. The state faced treasury stress for…